Randy assigns 3 utility units to the consumption of his first banana and Tom assigns 300 utility units to the consumption of his first banana. Randy assigns 6 utility units to the consumption of his first chocolate and Tom assigns 60 utility units to the consumption of his first chocolate.

Based on the information above, what do we know to be true?

Answer rating: 100% (QA)

Based on the information provided we can conclude the following Different Marginal Utilities Randy a... View the full answer